4 challenges facing 5G and IoT convergence
CLOUD AND CYBER will set them up for success in 2021 . We think they are investing effectively , as we are seeing interest in GCP building within the enterprise client base that we serve , so much so that we have added it to our managed services portfolio in 2021 .”
It ’ s a pattern that ’ s also familiar to former Ericsson exec Paolo Colella , who thinks that “ operators have excelled in connecting phones , tablets , and other devices , but connecting and managing growing numbers of cars , machinery sensors and consumer electronics profitably will require innovative business models . Today , the vast majority of operator IoT revenues come from connectivity , but in the next five years , the revenue will also come from service enablement platforms , apps , and services .”
Carter agrees , saying , “ When all is said and done 5G could well become the IoT ’ s best friend . It works well with low-powered IoT devices , it provides high data transfer rates when needed and it can be sliced to manage specific IoT applications . It ’ s also becoming the new network norm , and it ’ s poised to be more ubiquitous than current wireless mobile networks .”
All change The technologies are in flux . Upscaling from existing connectivity is not a simple ( or cheap ) consideration and IT leaders fear ripping out the old infrastructure lest it should create issues with legacy ( yet
$ 47,775mn 5G infrastructure market worth by 2027
4 challenges facing 5G and IoT convergence
• Operating across multiple spectrum bands
• A gradual upgradation from 4G to 5G
• Data interoperability
• Establishing 5G business models
Source : Ahmed Banafa , author and IoT expert
essential ) products . It ’ s also hard for many companies to know at what point to grasp the 5G nettle . Most CTOs fear market share will be lost without embracing a digital-first strategy , yet only one in 10 is classified as a ‘ digital trailblazer ’ in Tata Communications ’ new report on digital transformation strategies .
AS Lakshminarayanan , managing director and CEO , Tata Communications , says , “ A digital-first operating model is a must for enterprises in the new world order . As economies open , trust and security are core to the competitiveness and agility of enterprises seeking growth . The scale of digitalisation will be the new barometer of success for enterprises irrespective of its size or industry .” technologymagazine . com 65